Can we develop an incentive plan to drive superior performance? You can be pretty sure that's the question someone was trying to address when your key incentive program was created.…
NOW is the time for tough decisions?“Now is the time for tough decisions,” said Michigan’s governor, Rick Snyder, on the occasion of Detroit’s bankruptcy filing.Did he say “NOW is the…
Winston Churchill could have been an entrepreneur to have so eloquently dramatized the thrill associated with building a business.
Whether you own it yourself or share it with partners, it’s yours to build, to mold according to your dreams and values.
You may be building it from scratch or seeking new opportunities to jumpstart a mature company. In either case, I hope this will help you on your journey.
Why do you have your own business?
Independence, many will say, the chance to run my own show?
Be my own boss?
Do things my way – maybe because you’ve seen them done the wrong way and you can do better? (more…)
This week, two North Bay organizations deserve a round of applause!Amy's Kitchen opens an on-site health care clinicFirst, congratulations to Amy's kitchen for its innovative approach to employee health care. They…
New metrics to Define Financial Performance?
In the tumult surrounding the 3D maelstrom (Debt Ceiling, Downgrading and Deficit) of several weeks ago, you may have missed another chilling corporate finance update on the relentless pursuit of performance metrics that extol the sunshine while you’re in the heart of darkness. Yes, there may be some economic value for certain of these metrics, but they’re dangerous barometers of realizable value and highly misleading as to future achievements of tangible operating profits and free cash flow.
Most of us recall the “eyeball counting” that preceded the Dot-Com-Bomb and those certain “Signs of the Apocalypse”, as when your cab driver is telling you what stocks you should buy. (more…)
